Investment Grade Corporate/Credit Bond
Overview
Strategy Details
Available Vehicles
- Institutional Separate Account
- Commingled TrustCommingled trust may include a collective investment trust, an institutional-only investment structure that is exclusively available to qualified retirement plans which meet certain eligibility requirements. A collective investment trust is not available to retail investors or the general public. For more information, qualified retirement plan sponsors should reach out to their Loomis Sayles Relationship Manager.
Portfolio Managers
Rick Raczkowski
Co-Head of the Relative Return Team, Portfolio Manager
Devon McKenna, CFA
Portfolio Manager and Investment Strategist
About the Team
A comprehensive fixed income platform powered by seasoned investors and focused, benchmark aware investment strategies.
Investment Strategy
- Benchmark aware strategy that is broadly diversified across issuers and industries of the US corporate/credit bond market
- Tactical allocation through beta adjustment and bottom-up security selection help drive portfolio construction
- Duration and yield curve typically managed in line with the benchmark
- Primarily invested in USD-denominated corporate bonds. Allows up to 20% in non-investment grade issues
- The primary drivers of alpha are security selection and sector allocation
Composite Performance
Cumulative Total Return (%)
As of 12/31/2025| Period | Gross | Net | Index |
|---|---|---|---|
| 3 Months | 0.89% | 0.81% | 0.87% |
| Year-To-Date | 7.95% | 7.63% | 7.83% |
Annualized Total Return (%)
As of 12/31/2025| Period | Gross | Net | Index |
|---|---|---|---|
| 1 Year | 7.95% | 7.63% | 7.83% |
| 3 Years | 6.57% | 6.25% | 5.98% |
| 5 Years | 0.26% | -0.02% | -0.05% |
| 10 Years | 3.96% | 3.69% | 3.15% |
| Since 10/1/2003 | 4.80% | 4.55% | 4.08% |
Period Performance (%)
As of 12/31/2025| Year | Gross | Net | Index |
|---|---|---|---|
| 2025 | 7.95% | 7.63% | 7.83% |
| 2024 | 2.72% | 2.41% | 2.03% |
| 2023 | 9.15% | 8.82% | 8.18% |
| 2022 | -16.00% | -16.21% | -15.26% |
| 2021 | -0.37% | -0.61% | -1.08% |
| 2020 | 11.68% | 11.42% | 9.35% |
| 2019 | 15.77% | 15.50% | 13.80% |
| 2018 | -2.27% | -2.50% | -2.11% |
| 2017 | 7.23% | 6.98% | 6.18% |
| 2016 | 7.44% | 7.18% | 5.63% |
Documents
*Strategy assets are comprised of all accounts managed in the Investment Grade Corporate/Credit Bond, Investment Grade Corporate Bond or Investment Grade Intermediate Corporate Bond investment style
Important Disclosures
Performance data shown represents past performance and is no guarantee of future results. Current performance may be lower or higher than quoted. Returns are shown in US dollars and are annualized for one and multi-year periods. Gross returns are net of trading costs. Net returns are gross returns less effective management fees.
KEY RISKS: Credit Risk, Issuer Risk, Interest Rate Risk, Liquidity Risk, Non-US Securities Risk, Currency Risk, Prepayment Risk and Extension Risk. Investing involves risk including possible loss of principal.
There is no guarantee that the investment objective will be realized or that the strategy will generate positive or excess return.
Investment vehicles may not be available to all investors and are subject to eligibility.
Effective March 31, 2020, the Investment Grade Corporate Bond Composite changed its name to the Investment Grade Corporate/Credit Bond Composite. The Composite includes all discretionary separate accounts with market values greater than $20 million managed by Loomis Sayles and invests primarily in investment grade US domestic credit securities with a maximum allocation of up to 20% in high yield securities. As of 1/1/2021 the Composite was redefined to include commingled vehicles, previously only separate accounts were included. Prior to June 1, 2015 the Composite minimum account size requirement was $5 million. The Composite inception date is October 1, 2003. The Composite was created in August 2004.